What is the synonym for the word reimburse?

Some common synonyms of reimburse are compensate, indemnify, pay, recompense, remunerate, repay, and satisfy. While all these words mean “to give money or its equivalent in return for something,” reimburse implies a return of money that has been spent for another’s benefit.

Can you reimburse me meaning?

If you reimburse someone for something, you pay them back the money that they have spent or lost because of it. I will be happy to reimburse you for any expenses you have had. If you reimburse someone for something, you pay them back the money that they have spent or lost because of it.

Is a reimbursement a refund?

A refund is the act of paying back a customer for goods or services purchased that they were not satisfied with. Reimbursement is the act of giving someone money if they’ve purchased something on your behalf, so they’re not out of pocket for the amount they have spent.

What is it called when someone pays you back?

Frequently Asked Questions About repay Some common synonyms of repay are compensate, indemnify, pay, recompense, reimburse, remunerate, and satisfy. While all these words mean “to give money or its equivalent in return for something,” repay stresses paying back an equivalent in kind or amount.

What is the opposite word of repay?

What is the opposite of repay?

How do you reimburse?

The Step by Step Guide to Employee Expense Reimbursement

1. Form a policy for the expense reimbursement process.
2. Determine what expenses employees can claim.
3. Create a system for collecting employee expense claims.
4. Verify the legitimacy of expenses.
5. Pay reimbursements within a specified timeframe.

What is reimbursement in law?

Reimbursement is the act of paying someone for expenses they have paid. Reimbursement occurs in many contexts and is governed by federal, state, and local laws, as well as contract law. Reimbursement may be partial or full payment of expenses incurred.

Is a rebate the same as a refund?

Note that rebate is sometimes used as a verb meaning “to make or give a rebate.” Refund as a verb simply means “to give back money that someone paid for something” — and usually it means that what was purchased was defective or unacceptable. As a noun it means “money that is paid back.”

Do you have to pay back money you borrowed?

If you pay back some money that you have borrowed or taken from someone, you give them an equal sum of money at a later time. If you pay someone back for doing something unpleasant to you, you take your revenge on them or make them suffer for what they did.

What is it called when you have to repay someone?

The adjective beholden describes owing someone for something the person did to help you — it’s your duty to repay the person.

What’s another word for return the favor?

What is another word for return the favour?

What is the difference between reimbursement and compensation?

Reimbursement is used when the subject is paid back for travel expenses such as mileage, lodging, food while traveling. Compensation is “payment” for things such as time, discomfort, inconvenience.

What does the word reimburse mean?

Definition of reimburse. transitive verb. 1 : to pay back to someone : repay reimburse travel expenses. 2 : to make restoration or payment of an equivalent to reimburse him for his traveling expenses.

How do use reimburse in a sentence?

The offer came from a showman who expected to reimburse himself by the exhibition of the paper.

What is a sentence with the word reimburse?

Reimburse in a sentence 1. We’ll reimburse you for your travelling expenses. 2.

What does “to be reimbursed” mean?

verb. [with object] 1 Repay (a person who has spent or lost money) ‘the investors should be reimbursed for their losses’. More example sentences. ‘If the firm discovers that you’re eligible for a refund, it must reimburse you with cash, not services or discounts.’. ‘Tenants must also be reimbursed for any expenditure on repairs.’.

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